Global Light Weapons Marketplace Discussed & Forecast by Infiniti Research in Its Report Recently Published MarketPublishers.com01 Mar 2016 • by Natalie Aster
LONDON – Nowadays, light weapons, due to a range of their advantages, are widely used by legitimate military groups, police, civilians, government forces and non-state participants of military conflicts. The global light weapons market, consisting of two large segments (guided and unguided light weapons), is expected to follow an upward trend, posting a 4.66% CAGR through 2020. The market growth will likely be supported by the escalated light weapons demand, unstable situation from pole to pole and increasing number of military conflicts across the world.
The guided weapons sector is slated to be dominated by man-portable air defense systems (MANPAD) and anti-tank weapons; these sub-sectors are expected to continue growing at a 5.2% CAGR and a 4.7% CAGR through 2020, respectively. The unguided light weapons sector currently commands a share of just over 50% of the whole light weapons market; this sector is predicted to register a 4.05% CAGR through 2020.
Cutting-edge research report “Global Light Weapons Market 2016-2020” includes an in-depth analysis of the present situation in the global light weapons market and offers a comprehensive overview of the possible future trends and growth prospects of the market from 2016 till 2020. It focuses on the market segmentation on the basis of weapons type and region. The research report sheds light on the market competitive landscape and comprises data on key companies operating in the market. The market dynamics, including key drivers, restraints and challenges, is also thoroughly scrutinised here. Moreover, this report offers country-wide overviews of the light weapons marketplace, paying special attention to the latest developments, contracts and product launches. Market forecasts are also at hand.
Global Light Weapons Market 2016-2020
Published: February, 2016
Price: US$ 2,500.00
Many other new research studies by Infiniti Research are published at its page.